PYTHUSDT: A Massive Move Incoming? Watch This Level Closely! Yello, Paradisers! Is PYTHUSDT about to break out, or is a deeper drop still on the table? Letโs break it down.
๐PYTHUSDT has formed a well-structured descending channel with a corrective wave pattern and bullish divergence, signaling a strong probability of an upcoming bullish move. However, confirmation is key.
๐If PYTHUSDT breaks out and closes candle above the resistance zone, this will validate the descending channel and could trigger a bullish move.
๐In case of panic selling or a deeper retracement, we may see a temporary bounce, but the real focus should be on the resistance zone and a confirmed breakout for a high-probability setup.
๐On the flip side, if PYTHUSDT breaks down and closes candle below the key support level, the bullish setup will be invalidated, and waiting for better price action would be the smarter approach.
๐ The key here is patience and precisionโdonโt jump in blindly. Watch for confirmation, trade with discipline, and always wait for the best setups. The market rewards those who stay ahead of the herd!
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